Advertisements



Houston-based helicopter company’s $560M acquisition called off

Houston-based Bristow Group Inc. (NYSE: BRS) and Oregon-based Columbia Helicopters Inc. have called off their $560 million deal, according to a Feb. 11 press release.  The companies mutually agreed to terminate the deal, in which Bristow would hav.....»»

Category: topSource: bizjournalsFeb 11th, 2019

Oregon-based helicopter company’s $560M acquisition called off

Houston-based Bristow Group Inc. (NYSE: BRS) and Columbia Helicopters Inc. have called off their $560 million deal, according to a Feb. 11 press release.  The companies mutually agreed to terminate the deal, in which Bristow would have acquired Colu.....»»

Category: topSource: bizjournalsFeb 12th, 2019

Billion-dollar acquisition of Houston-based energy co. called off

Houston-based Penn Virginia Corp. (Nasdaq: PVAC) and Plano, Texas-based Denbury Resources Inc. (NYSE: DNR) have mutually agreed to terminate an acquisition announced in late October. Neither company will have to pay a breakup fee, according to press.....»»

Category: topSource: bizjournalsMar 21st, 2019

National retailer will close all stores (including 3 in KC area), after second Chapter 11 bankruptcy filing in 2 years

Houston-based Charming Charlie Holdings Inc. is the latest casualty of the so-called "retail apocalypse." The accessories retailer filed for bankruptcy protection again Thursday, and court documents indicate the company will close all of its 261 .....»»

Category: topSource: bizjournalsJul 12th, 2019

Charming Charlie files second Chapter 11 bankruptcy in two years, to close all stores

Houston-based Charming Charlie Holdings Inc. is the latest casualty of the so-called "retail apocalypse." The accessories retailer filed for bankruptcy protection again on July 11, and court documents indicate the company will close all of its 261 st.....»»

Category: topSource: bizjournalsJul 12th, 2019

Charming Charlie to close all stores, including 7 South Florida locations

Houston-based Charming Charlie Holdings Inc. is the latest casualty of the so-called "retail apocalypse." The accessories retailer filed for bankruptcy protection again July 11, and media reports indicate the company will close all of its 261 store.....»»

Category: topSource: bizjournalsJul 12th, 2019

Accounting firm Briggs & Veselka buys another Austin company — its third since January 2018

Briggs & Veselka Co., a Houston-based accounting firm, is growing in Austin, with both an an acquisition and an office expansion. Briggs & Veselka said May 8 it had acquired Austin-based Financial Valuation Services, a business valuation and financial c.....»»

Category: topSource: bizjournalsMay 13th, 2019

Vistra Energy to cut 300 positions at Dynegy’s Houston headquarters

Shortly after Irving, Texas-based Vistra Energy Corp. (NYSE: VST) closed on its acquisition of Houston-based Dynegy Inc., the company has disclosed local job cuts, which were not entirely unexpected. According to information released by the Texas .....»»

Category: topSource: bizjournalsApr 22nd, 2018

New Houston co. created through $2.66B acquisition of EnerVest’s South Texas energy business

TPG Pace Energy Holdings Corp. (NYSE: TPGE), a special purpose acquisition company launched in Fort Worth in 2017, completed its previously announced $2.66 billion deal to acquire Houston-based EnerVest Ltd.’s South Texas Division, according to a Jul.....»»

Category: topSource: bizjournalsAug 1st, 2018

Westlake Chemical plans to buy global PVC company for $265M

Westlake Chemical Corp. (NYSE: WLK) has another acquisition lined up.  The Houston-based company and Los Angeles-based OpenGate Capital have signed an exclusivity agreement for Westlake to buy Nakan, a France-based PVC compounding solutions busin.....»»

Category: topSource: bizjournalsSep 25th, 2018

A 61-year-old Oregon company gets a new, high-flying owner

A venerable Oregon helicopter company has a new Texas owner after a $560 million deal. Houston-based Bristow Group Inc. (NYSE: BRS), which provides industrial aviation services, announced Nov. 9 it will acquire a Columbia Helicopters Inc. for $560 mi.....»»

Category: topSource: bizjournalsNov 12th, 2018

Houston-area bank to grow Texas footprint with nearly $64M acquisition

Conroe-based Spirit of Texas Bancshares Inc. SSB (Nasdaq: STXB), the holding company of Spirit of Texas Bank, announced plans to acquire Beeville, Texas-based First Beeville Financial Corp. and its subsidiary, The First National Bank of Beeville. T.....»»

Category: topSource: bizjournalsNov 27th, 2018

Houston-based homebuilder expands to Dallas with parent company acquisition

Houston-based Trendmaker Homes’ parent company, Tri Pointe Group (NYSE: TPH), announced it acquired two Dallas-based homebuilders in a $60 million cash transaction Dec. 11. Homebuilder Dunhill Homes and its 55-and-up brand Nathan Carlisle Homes wil.....»»

Category: topSource: bizjournalsDec 11th, 2018

Alabama technology company acquired by New Jersey firm

A New Jersey-based company has acquired an Alabama-based smart home device company. Ezlo Innovation acquired Centralite Systems, creator of the Centralite line of consumer and white-labeled smart home devices. The acquisition enables Ezlo Innov.....»»

Category: topSource: bizjournalsJul 16th, 2019

Geronimo Energy sold to British utility for $100 million

Geronimo Energy has been sold to a British utility company for $100 million, the renewable-energy developer announced Monday. National Grid's intention to buy Edina-based Geronimo was first announced in March. In addition to its acquisition, the .....»»

Category: topSource: bizjournalsJul 15th, 2019

Trucking company Cowan Systems acquires Pennsylvania-based competitor

Local trucking company Cowan Systems LLC has acquired Carlisle Carrier Corp., its second acquisition in the last three years. Cowan, a 95-year-old company based in Lansdowne, added about 285 trucks with the purchase bringing its total fleet to ab.....»»

Category: topSource: bizjournalsJul 15th, 2019

Charming Charlie closing 7 Philadelphia-area stores

Houston-based retailer Charming Charlie is closing all of its stores, including seven in the Philadelphia area, the company announced this week.  Closures will happen at the following Philadelphia-area stores: Deptford Mall, Deptford, N.J. Plymo.....»»

Category: topSource: bizjournalsJul 15th, 2019

Symantec shares plunge on report that Broadcom has called off buyout over price

Shares of Mountain View-based security software maker Symantec Corp. plunged 13 percent in early trading today, after CNBC reported that acquisition talks with Broadcom had fallen apart after the two companies couldn’t agree on a purchase price. Syman.....»»

Category: topSource: bizjournalsJul 15th, 2019

South Florida company buys Pennsylvania medical marijuana dispensary operations for $63M

Jushi Holdings, a Boca Raton-based cannabis and hemp company, closed its previously announced $63 million acquisition of all of the membership interests in Franklin Bioscience-Penn LLC. The deal covers the Pennsylvania medical marijuana dispensary.....»»

Category: topSource: bizjournalsJul 15th, 2019

UPDATE: Callon Petroleum to acquire Carrizo Oil & Gas in all-stock deal valued at $3.2 billion

Independent energy company Callon Petroleum Co. said Monday it has agreed to acquire Carrizo Oil & Gas Inc. , a Houston-based company engaged in E&P and.....»»

Category: topSource: marketwatchJul 15th, 2019

Dallas distributor acquired by Memphis area company

One of the Memphis area’s largest private companies just got bigger. Bartlett-based Kele Inc. — a manufacturer and distributor of peripheral control products used in building automation systems — announced the acquisition of Dallas-based T.....»»

Category: topSource: bizjournalsJul 11th, 2019